Bank Of America, MetLife, EBay Are Big Movers

Stock quotes in this article: ACAD , BEAT , BYI , EBAY , GMTN , MET  

The Associated Press

NEW YORK (AP) — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange:

NYSE:

Bank of America Corp., down $1.13 at $16.46

The bank is looking to pay back some of the billions in federal bailout aid it has received, according to a published report.

MetLife Inc., down $2.79 at $34.97

A Raymond James analyst downgraded the insurer to "Market Perform" from "Strong Buy," citing the company's overvalued stock price.

Alcatel-Lucent, down 14 cents at $3.61

An analyst downgraded the stock on concerns that the company's restructuring efforts may not materially boost margins until late 2010.

Gander Mountain Co., down 68 cents at $26.75

The retailer of hunting and outdoor gear reported a loss on discounts and markdowns related to exiting its boat and ATV categories.

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